Quote from dfantome:
4-8% month if you don't actively trade.
but on a less than 100k account, trading from 9.30 to 4 everyday, and playing weekly options 10-20% is about where im at each week..
But.. I don't invest my account up to the brim.. im usually about 40% or more cash incase spreads turn against me.
On a small account i could do 20-40% weekly with what id call medium risk.
edit: my goal is 20% weekly, yes its high and sometimes I dont make it, and only do 15 or so, but I wouldnt call 20% in a week hard.. you just have to be aggressive. and just so I dont sound like some guru or god I had a 20% goal this week and ended up -2% for the week. first losing week in 7.
Quote from dfantome:
4-8% month if you don't actively trade.
but on a less than 100k account, trading from 9.30 to 4 everyday, and playing weekly options 10-20% is about where im at each week..
But.. I don't invest my account up to the brim.. im usually about 40% or more cash incase spreads turn against me.
On a small account i could do 20-40% weekly with what id call medium risk.
edit: my goal is 20% weekly, yes its high and sometimes I dont make it, and only do 15 or so, but I wouldnt call 20% in a week hard.. you just have to be aggressive. and just so I dont sound like some guru or god I had a 20% goal this week and ended up -2% for the week. first losing week in 7.
Quote from sellindexvol66:
Wow, nice job man..at your rate soon you may be able to join Blackstone in the dell takeover.
I have a goal of only 15% a week..modest yes..but so far the past 1000 straight weeks I'm averaging a bit under 1%...but you inspire me...thanks.
Quote from voyager77:
wow i never thought my thread would garner this much attention
can anyone tell me what level of proficiency in mathematics is required to effectively trade options? i understand basic algebra and that's about it
sorry if my ignorance offends anyone just looking for some helpful advice. really not trying to push anyone's buttons.
as if right now i have no money to lose. i'm just going to college and trying to pass my classes. just interested in trading, thats all.
hope everyone has a good week